Business
Trump’s New Tax Law Saved Amazon Billions
Republicans’ new tax law delivered for Amazon.com, which saw its U.S. corporate income taxes shrink by more than half in 2025 while its profits climbed, offering one of the clearest examples yet of how the largest American companies are benefiting.
The company’s current U.S. taxes, an accounting measure of taxes incurred last year, declined to $1.2 billion from $9 billion, according to a securities filing released Friday. Meanwhile, Amazon’s pretax U.S. profit increased by 44.5%, to $89.5 billion. On a cash basis, the company paid $2.8 billion in federal income taxes last year after paying more than $7 billion in each of the prior two years.
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